St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-04-30
LOOKS ROSY FOR sABIN.
The Testimony in the Car Company
Cases Closed,
And Nothing Corrupt Shown in the
Management.

company cases AZ saltwater closed yeSt6f-
day at II a. H., the cases being continued
to June 81, at which time the final argyll
ments will be made, and to which the pres
ent regular term stands adjourned. The
only witness examined was II. G.. Stone,
who has been for some time an assistant or
not clearly understand the scope of the eX-
animation, and objected to being sworn.
thinking it was not a regular session of the
court His mind was promptly disabused
of that idea, and he was sworn. His eX-
animation was principally touching the late
report of the receiver of the car company,
which he said was prepared by himself and
others in the employ of the receiver. He
was Intercepted regarding the figures
ginen by him to ltheAa1 local
reporter of the Pioneer Press and published
March %. He did not know whether such
figures were correct in point of fact or not
They were not given by him as the result
OF personal examination, but were fur
nished by Mr.. Folsom, who claimed to be
an expert accountant, He denied all
knowledge of who. wrote that portion of
the receivers report published by the
GLOBE OF Saturday, April %, witch is next
found in the original report of the receiver.
He did not write it himself or cause its
publication. He dlsclaimed any knowledge
that in the statement given by him to the
reporter Of the Pioneer Press any duplica-
ton of items said to comprise the expense
account of the Northwestern Manufacture
ing & Car company from the time of its
organization to the date of the appointment
OF receiver occurred. The counsel for
Seymour, Sabin 81 Co. went over a long
list of items involving large amounts dupli-
Gated. of which he denied all knowledge,
claiming that they were taken from the re-
port of Expert Folsom. but W hich Mr.. Sol
som on the previous day had also dis
claimed. He was examined very closely
regarding the bills receivable (notes) which
Seymour, Sabin & Co. sold to the new cor
poration, which amounted with interest to
about 81, 5000 which sum the receiver
either had or which were in bank as eOlat
eral. Much of the examination related to
facts and figures concerning that vast insti
tuition with which the witness has been
making himself familiar for the past
three years, and of which he failed
to evince that intimate knowledge which
he has claimed for himself for
many months past to the stockholders and
creditors. He was unable to say anything
on oath to throw shadow of suspicion
upon its management prior to the receiver
ship, and must have disappointed the eX-
pectatiOnS of those who believed in what
he has stated OFF the stand. The con-
cluSion of the evidence will be hailed with
Joy by all who desire final settlement of
these matters, and the citizens of Saltwater
do not attempt to conceal their qualification
that the beginning of the end draws near.
Mr.. Sabin has been present during the
entire examination this week. and has
closely watched the proceedings. His
bearing and appearance have. however.
been of one who held the winning cards,
and as one after another of the efforts of
his enemies to down him have proved
aDortiye, his face has borne an expression
OF quiet satisfaction and confidence. When
approached by reporters Mr.. Sabin ex-
pressed himself very cheerfully regarding
his present financial outlook. and gave the
conviction that he would be able to very
speedily eXtricate himself from the diff
culties which have for three years OPP
pressed him, and that the valuable prop
erty once in his control would very soon
pass into the hands of men of abundant
means, who would be able to operate it in
such manner as to make paying concern
OF it. The car company and Seymour,
t1e'Cii * w. WClO ilOW always HUI
been solvent. and the creditors would re-
ceive 100 cents on dollar. Many obstacles
had been placed in the way of his success,
but he thought the way was now clear, and
that brighter future was in store for him
and for Saltwater. Mr.. Sabin will remain
in Saltwater this summer. .e..a.
MERELY MENTIONED.
Rev. w. S. Matthew will occupy his pulpit
as usual Sunday morning. SUNDAY afternoon
at 3 O'Clock there will be meeting for the
scholars of all the Sunday schools. Mr. Dale
will speak.
Albert Mellin, who was damaged by fire
Sunday last, is greeting his customers in the
Nelson building.
work on the sewer near Second street was
resumed yesterday, and rapidly pushed.
Senator Sabin left yesterday noon for a
brief visit to Chicago.
The G. A. X. post is making all arrange
ments for the successful rendition OF its
war play, Leon Maxwell" next week.
Charles Stewart, an old time Saltwater boy,
who has been absent from the city for many
months, working in Michigan, returned home
yesterday.
The brlckyard of William Miller, near Lake
Lilly, has commenced it's seasons work and
the capacity is about $4,000 brick per day.
The proprietor thinks he has enough clay in
sight to mould 1900, 5000 brick and twenty
FIVE men will be employed, should the full
number, 10000 per day, be made.
A Nice Top buggy
For $3.50, has end springs. piano box. E.
M. Hallowell & Co., 500 10 511 Minnesota
street.
Open End Spring Buggy
TX